US Regulated Markets Suffer Revenue Drain Due to Illegal Betting

MissExposé

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Illegal sports betting remains a concern despite legalization in many US states. Over 201 million visits to unauthorized betting sites during the first three months of the NFL season highlight the persistent threat to regulated markets, a topic recently addressed by lawmakers. Offshore operators drew massive traffic, with discussions arising on the need for stricter advertising regulations and the potential revenue loss for the regulated industry due to these unregulated activities, showcasing the ongoing challenges faced by the legal betting landscape.

Source: https://news.worldcasinodirectory.com/millions-of-visits-to-illegal-sports-betting-sites-deprive-us-regulated-markets-of-significant-revenues-111735
 
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